The Dow Jones Industrial Average looked set to open Thursday trade with a triple-digit loss, as investors weighed the prospects of Congressional plan to reform tax policy. Futures for the Dow was down 107 points, or 0.5%, at 23,384, which would put it position to see its worst one-day decline since it fell 234 points, or 1.1%, on Sept. 5, according to FactSet data. Futures for the S&P 500 were down 0.6% at 2,576, while Nasdaq-100 futures were off 0.8% at 6,294. The firm moves lower come after the Nasdaq Composite Index , the Dow and the S&P 500 index finished at all-time highs at the same time for the 27th time in 2017. However, moves higher have been incremental as investors worry about the likelihood of a tax bill passing soon against equity valuations, which have been viewed by many as too rich.
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